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Thyssenkrupp to Cut 11,000 Jobs at Steel Division in Major Corporate Shakeup
Date: November 25, 2024
By Tom Käckenhoff and Friederike Heine DUESSELDORF (Reuters) -Thyssenkrupp’s steel business plans to cut some 40% of its workforce over the coming years, it announced on Monday in the latest painful overhaul of a German industrial giant, with workers promising fierce resistance. Germany’s largest steelmaker, a division of Thyssenkrupp AG, is under pressure from cheaper...
The Power of Door-to-Door Sales in the Energy Sector: Unlocking Potential With Kts Energy
Date: November 21, 2024
In a world constantly evolving towards cleaner energy and financial savings, the role of a door-to-door salesperson in the energy sector has never been more important—or rewarding. For those looking to break into a career with high income potential and real impact, KTS Energy offers a unique opportunity. Let’s explore the key benefits of becoming...
Ford to Cut 14% of European Jobs, Blaming Ev Shift Challenge, Chinese Rivals
Date: November 20, 2024
LONDON (Reuters) – Ford said on Wednesday it would cut around 14% of its European workforce, blaming losses in recent years amid weak demand for electric vehicles, poor government support for the shift to EVs, and competition from subsidized Chinese rivals. The U.S. automaker is the latest – after Nissan, Stellantis and GM – to...
Ford to Cut 14% of European Jobs, Blaming Ev Shift and Rising Competition
Date: November 20, 2024
By Nick Carey LONDON (Reuters) – Ford said on Wednesday it would cut around 14% of its European workforce, blaming significant losses in recent years compounded by weak demand for electric vehicles, a lack of government support for the shift to EVs, and rising competition. The U.S. company is the latest automaker after Nissan, Stellantis...
Steelworkers in Northern France Go on Strike Over Potential Plant Closures
Date: November 20, 2024
PARIS (Reuters) – French steelworkers in two northern French cities went on strike on Wednesday, the CFDT union told Reuters, following steelmaker ArcelorMittal’s warning of two potential plant closures in northern France affecting some 130 workers. The potential closures are due to problems in the European auto industry and high raw material and energy costs,...
Vw Plans for Factory Closures Cross Several Red Lines, Works Council Chief Says
Date: November 20, 2024
WOLFSBURG/BERLIN (Reuters) – Volkswagen is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs, and raising the spectre of strikes. Daniela Cavallo, speaking a day ahead of a third round of negotiations between VW management and unions, said the proposals...